Brief: Sinotrans Ltd Announces Agreement For Formation Of A JV Co
Nov 30 (Reuters) - Sinotrans Ltd 0598.HK :
* ANNOUNCES THAT SINOTRANS(HK) TO ENTER SHAREHOLDERS
AGREEMENT
WITH FIVE OTHER UNITS OF CHINA MERCHANTS OVER JV FORMATION
* PROPOSED REGISTERED CAPITAL OF JV CO IS EXPECTED TO BE
RMB3,500
MILLION, COMPRISING RMB350 MILLION PROPOSED TO BE CONTRIBUTED BY
SINOTRANS(HK)
Source text for Eikon: urn:newsml:reuters.com:*:nHKSbsyhMQ
Further company coverage: 0598.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Sinotrans
See all newsBrief: Sinotrans Q3 Net Profit Up 29.9% Y/Y
Brief: Sinotrans H1 Net Profit Down 11.4% Y/Y
Brief: Sinotrans Says International Finance Company To Provide Series Of Overseas Financial Services
Brief: Sinotrans Q3 Net Profit Down 16.8% Y/Y
Brief: Mubadala Joins Trustar Capital, Fountainvest, Sinotrans As Strategic Shareholders In Loscam